As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.
Hence, I started this “Market News In 2 Minutes” series.
Following are the “Market News In 2 Minutes” for today :
- Kitchen Culture (5TI) – Has completed the acquisition of another 30 percent of issued and paid-up share capital of Kitchen Culture (Hong Kong) for HK$6 million (approximately $1 million). The purchase consideration includes HK$3 million of advance payments made by the previous owners. The acquisition which will be funded by internal resources, is aligned with the group’s intention of further expansion of its business in Hong Kong. (Source : Shares Investment)
- Sim Lian Group (S05) – Has been awarded the tender for a land parcel at …